Institutional Federal Compliance Report 2021

______________________________________________________________________________________________ STATE OF NEW YORK • 85 For the year ended March 31, 2019, depreciation and amortization expense was charged to the following governmental functions (amounts in millions): For the year ended June 30, 2018, depreciation and amortization expense was charged to the following business-type functions (amounts in millions):

Governmental Activities

Business-Type Activities

Allocation of depreciation and amortization: Education . . . . . . . . . . . . . . . . . . . . . . . . . $ Public health . . . . . . . . . . . . . . . . . . . . . . . Public welfare . . . . . . . . . . . . . . . . . . . . . . Public safety . . . . . . . . . . . . . . . . . . . . . . . Transportation . . . . . . . . . . . . . . . . . . . . . . Environment and recreation . . . . . . . . . . . Support and regulate business . . . . . . . . . General government . . . . . . . . . . . . . . . . . Total depreciation and amortization expense . . . . . . . . . . . $

Allocation of depreciation and amortization: SUNY . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ CUNY . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total depreciation and amortization expense . . . . . . . . . . . $

5

631 215

203 24 203 56 29

846

3

101

624

Note 6 Bonds Payable General obligation bonds are backed by the full faith and credit of the State, and constitutionally must be repaid in equal annual principal installments or sub- stantially level or declining debt service payments beginning not more than one year after issuance of such bonds and must mature within 40 years after issuance. The Debt Reform Act of 2000 further limits Accelerated capacity and transportation improvements of the 1990s . . . . . . . . . . . . . . . . . . . . . . . . . . . $ Clean water/clean air . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Environmental quality (1986): Land acquisition, development, restoration and forests . . . . . . Solid waste management . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Environmental quality (1972): Land and wetlands . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Water . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Housing: Low income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Middle income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pure waters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Transportation capital facilities: Aviation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Energy conservation through improved transportation . . . . . . . . Rebuild New York transportation infrastructure renewal: Highways, parkways and bridges . . . . . . . . . . . . . . . . . . . . . . . Rapid transit, rail and aviation . . . . . . . . . . . . . . . . . . . . . . . . . Rebuild and Renew New York transportation: Highway facilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Canals and waterways . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aviation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mass transit—DOT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Mass transit—MTA . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Rail and port . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Smart Schools Bond Act . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ Purpose

the maximum term of new State-supported debt issued on and after April 1, 2000, including general obliga- tion bonds, to a maximum term of 30 years. Refer to Note 7 for further discussion of the Debt Reform Act of 2000. Changes for the year in bonds payable were as follows (amounts in millions):

Outstanding April 1, 2018

Outstanding March 31, 2019

Issued

Redeemed

33 $

—00000 $

16 $

17 392

434

1

43

8

—00000

2

6

116

6

14

108

3

4

1 5 2 2 3

6

16

—00000

11

10

—00000 —00000 —00000 —00000 —00000 —00000 —00000 —00000 —00000 —00000

8 7

9

21

18

3 2 1 4

1

2 2 1 3

—00000

—00000

1

691 15 45 759 96 100 5

50

641 12 42 13 722 95 180

3 3 2 6 8

10

—00000

37

5

88

2,371 $

114 $

199 $

2,286